Market Report: Retail sales dip in June, oil ends the week higher after volatile sessions UK Retail sales volumes fell 0.1% in June, as fuel, non-food and online volumes dip Surprise – proportion of online sales falls to lowest level since onset of lockdowns Brent crude is trading at around $104, as fears of a […]
Prime members purchased more than 300 million items worldwide during Prime Day 2022, making this year’s event the biggest Prime Day event in Amazon’s history. Topping the list in the UK, the Fire TV Stick with Alexa Voice Remote, HD streaming device was the most popular item purchased on Prime Day. And, more shopping means […]
Inflationary pressures and economic uncertainty are widening the gap between low- and middle-income consumers, who are preparing to tighten their grip on their finances, and high-income consumers who are able to maintain spending levels, according to the latest EY UK Future Consumer Index. The tenth edition of the survey of over 1,000 UK consumers found […]
Analysis from Freedom Finance, one of the UK’s leading digital lending marketplaces, finds that the retail store and online credit sector experienced its fastest ever start to a year in 2022 and looks set to reach further highs. Monthly updates from consumer finance trade body, the Finance & Leasing Association (FLA), show that new business […]
Covering the five weeks 29 May – 02 July 2022 Since the pandemic started, much of retail has bounced between being open and closed, impacting footfall significantly. To make meaningful comparisons to changes in footfall, all figures are compared to their pre-pandemic (2019) levels. This means our 2022 figures are year-on-three-years (Yo3Y). However, we have […]
The 4 July marked the launch of the Ethical Commerce Alliance (ECA), a new organisation formed to open industry debate around privacy and address ethical challenges online to give consumers back control over their digital rights. The new Alliance is an independent, open space for education and knowledge sharing about privacy and data protection. As […]
AJ Bell and Hargreaves Lansdown have been encouraged by the government’s progress to further the rights of retail investors. However, there is more to do and because any future policy enhancements need to be backed up by action from UK plc, AJ Bell and Hargreaves Lansdown have found a way to help companies facilitate retail […]
Specialist property business advisor, Christie & Co is pleased to report Bedlinog’s local Premier-branded convenience store, ‘Bedlinog Stores’ has been sold to an experienced operator, with the buyer utilising the Christie Group network to complete his purchase. This family-run village store has been owned and operated by Gareth Roberts since 2004 and came to the […]
Covering the Jubilee weekend 02 June – 05 June 2022 This release is separate to the monthly BRC-Sensormatic IQ Footfall Monitor, and provides insights into the footfall over the week leading up to, and including, the Jubilee weekend. Rather than using Year-on-Pre-Pandemic (Yo3Y) figures, we are instead comparing the Jubilee week to average footfall throughout […]
Delayed payments and insolvencies are predicted to rise in the consumer durables retail sector this year, reveals leading trade credit insurer Atradius. In its latest Industry Trends report on the retail sector, Atradius emphasises the importance of maintaining close working relationships with retailers, and acquiring real-time insight, as the key to navigating the next six […]
